The government’s PR machine is on an overdrive regarding this CPF debate. A few bloggers were invited to listen to it and write about it. I wasn’t there. In the Straits Times this morning, some experts share their views on how to restructure the CPF for the sake of a better retirement for all.
Let me pick out the salient points:
- There are folks who raised to make the system more flexible so that they have a chance to earn a higher rate of return (Kyith: isn’t the current system already facilitating that)
- There are folks who felt the CPF board should tweak the amount given back
- Mr Tharman surprised the participants by saying, to allow for a private pension plan, first discussed by the government in 2007 may still be an option
- Professor Cherian from Singapore Business School likes a private pension plan. This should not touch the current ...
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